FormerXBC Inc XEBEQ

RE:Food for thought

[Mick67]

Newtrader - appreciate your input but you need to get smarter to post as much as you do. Anyone that knows anything about financials knows that companies can manipulate any and all metrics be it EBITDA, net income ect.  It is very subjective and thats why with established companies those with the higher multiples have strong free cash flow as you can't manipulate cash. And typically if EBITDA is the key value component than debt is taken into the valuation.  No need for you to explain financials with little grasp of the concept.

As for Xebec guidance.  Just get it right. Revenues of $53mm in first half and negative EBITDA of $9.3mm.  To get to guidance of $120mm and -4% EBITDA . That means about $67mm in revenue and EBITDA of $4.5mm - or about a 6.5% EBITDA margin in second half. With improvement in Q3 and more in Q4.  I don't know when they get there but expect second half improvements from legacy contracts, Biostream to have a learning ramp, acquisitions to have higher margins, and hygear and inmatec to keep on performing.

Lastly, I assume TT shows what GRN multiple means for Xebec because GRN is a fraction of the company being a one trick non manufacturing player with limited IP. Sure Xebec in penalty box now but have to think Levitt, Vounassis, and Munro were brought in to optimize costs and strategy. I think revenues are going to explode in next 12-months and IF/WHEN costs show signs of turning, a multiple in line with GRN would be a crime. Think what you like but applying peer multiples just on Xebec's hydrogen revenues justify the current share price. Then add the other segments including RNG that should be turning with Biostream and Inmatec firing on all cylindars. It will happen....hopefully on managment's timeline...but it will happen.